GERMANY GENERAL GOVERNMENT STRUCTURAL BALANCE

THE GENERAL GOVERNMENT STRUCTURAL BALANCE IN GERMANY WAS REPORTED AT -26.54 BILLIONS EUROS IN 2009, ACCORDING TO THE INTERNATIONAL MONETARY FUND (IMF). IN 2015, GERMANY'S GENERAL GOVERNMENT STRUCTURAL BALANCE IS EXPECTED TO BE -46.94 BILLIONS EURO. THE STRUCTURAL BUDGET BALANCE REFERS TO THE GENERAL GOVERNMENT CYCLICALLY ADJUSTED BALANCE ADJUSTED FOR NONSTRUCTURAL ELEMENTS BEYOND THE ECONOMIC CYCLE. THESE INCLUDE TEMPORARY FINANCIAL SECTOR AND ASSET PRICE MOVEMENTS AS WELL AS ONE-OFF; OR TEMPORARY; REVENUE OR EXPENDITURE ITEMS. THE CYCLICALLY ADJUSTED BALANCE IS THE FISCAL BALANCE ADJUSTED FOR THE EFFECTS OF THE ECONOMIC CYCLE; SEE; FOR EXAMPLE; A. FEDELINO. A. IVANOVA AND M. HORTON ?COMPUTING CYCLICALLY ADJUSTED BALANCES AND AUTOMATIC STABILIZERS? IMF TECHNICAL GUIDANCE NOTE NO. 5; HTTP://WWW.IMF.ORG/EXTERNAL/PUBS/FT/TNM/2009/TNM0905.PDF. IN 2009, GERMANY'S ECONOMY SHARE OF WORLD TOTAL GDP, ADJUSTED BY PURCHASING POWER PARITY, WAS 4.03 PERCENT. IN 2015, GERMANY'S SHARE OF WORLD TOTAL GDP IS FORECASTED TO BE 3.44 PERCENT. THIS PAGE INCLUDES A CHART, HISTORICAL DATA AND FORECAST FOR GERMANY'S GENERAL GOVERNMENT STRUCTURAL BALANCE.

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